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Singapore Post
Company in the news
SingPost in 'exclusive' talks over divestment of Australia assets
The possible sale is part of SingPost's ongoing 'strategic review'
2 days ago
Global Markets
A reset, reboot and revalue from MSCI's 'killer blow'
Many SGX companies have undergone structural transformation and the results are showing up in their share prices
June 06, 2024
Corporate moves
SingPost books valuation gain while underlying transformation stays on track
SingPost has plenty of levers to pull to optimise its margins and thereby pave the runway for “good” earnings recovery: CGS
May 16, 2024
kopi-C: the Company brew
SingPost’s group CFO: 'We're building a Singapore-branded global logistics company'
SingPost has gone a long way and transformed substantially
April 17, 2024
New appointments
SingPost appoints ex-SMRT TEL MD Shahrin Abdol Salam as CEO for Singapore business
Shahrin has more than 25 years of experience in operations management, strategic planning, asset management and engineering.
April 01, 2024
Billion Dollar Club 2023
Hutchison Port makes overall sector winner debut
HPH Trust replaced Jardine C&C as the overall winner in this sector
November 09, 2023
Telecommunications
Singtel reaffirms constant review of assets to be monetised; deems SingPost's earnings contribution "not significant"
For the year ended March 31, SingPost reported earnings of $24.7 million; Singtel, meanwhile reported earnings of $2.23 billion
July 23, 2023
Broker's Calls
Singpost to face short-term weakness, but long-term e-commerce prospects intact: analysts
CGS-CIMB Research has cut its FY21-23 earnings per share forecasts for the company by 9.9%-12.9% on weaker postal margins.
August 12, 2020
Update
SingPost to hire more postmen, redeploy drivers and increase PO staff after being fined $100,000 for not meeting quality standards
SINGAPORE (Feb 8): Singapore Post (SingPost) says it will be hiring a hundred more postmen and redeploying 35 mail-drop drivers to become full-time postmen as well as increase the number of dedicated counters and staff at post offices, aside from upgradin
February 08, 2019
Broker's Calls
CGS-CIMB cuts SingPost target price despite 3Q earnings growth
SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F P/E.
February 04, 2019